Microchip exports from the United States fell almost 20% for the year to $11.6 billion, the lowest level since the global financial crisis. RIA News With reference to data from the American statistical service.
BCS World of Investments analyst Egor Dakhtler explained to the agency that this was due to overstocking of the market and supply restrictions to China. According to him, the decline in exports is due to the decrease in global demand for semiconductors. The market has become oversaturated in 2021 and is currently experiencing overstocking. The market has not yet returned to growth.
The main decline was in China, up 51% to $1.85 billion. This is because the US has banned the supply of next-generation chips to China. China’s share of US microchip imports dropped from 33% to 13%.
Other countries such as Malaysia, Israel and Japan are also reducing purchases. Even increased imports to the EU cannot compensate for this. The recovery in U.S. exports won’t begin until 2024, Dachtler predicts.
USA at the end of August introduced Restrictions were imposed on the supply of chips to the Middle East.
It was already known what the sanctions were like I am impressed For microchip production in China.
Source: Gazeta
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